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    First Asset CanBanc Income Class ETF (CIC.TO)

    -Toronto
    10.37 0.00(0.00%) May 20
    Profile as of Apr 29, 2016Get Profile for:
    First Asset CanBanc Income Class ETF

    Phone: 855-983-3837
    Fund Overview 
    Category: Financial Services Equity
    Fund Family: First Asset Investment Management Inc
    Net Assets:121.00M
    Yield:7.72%
    Fund Inception Date:Aug 18, 2010
    Legal Type:Exchange Traded Fund
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    Morningstar Style Box 
    Financial Services Equity
    [View Category Definition]
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    About the Morningstar Style Box

    Fund Summary 
    The Fund's investment objectives are to provide Shareholders with (i) quarterly distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the following banks directly: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank. As part of its investment strategy, each month, the Fund sells call options on approximately, and not more than, 25% of the common shares of each bank held in the portfolio.

    Fund Operations 
     CIC.TOCategory Avg
    Annual Report Expense Ratio (net)N/A2.21%
    Annual Holdings TurnoverN/A43.07
    Total Net AssetsNaNNaN
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